Steve McKnight Quotes
100 Steve McKnight Quotes
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You don’t need to be a genius to be wealthy. All that’s required is that you implement a system that’s been proved to work, and commit to continually taking action.
Steve McKnight
A shocking truth about real estate is that 92 percent of investors only own one or two properties.
Steve McKnight
I’m the youngest of three children and the only one to buck the system and consciously seek a way to quit work as soon as possible.
Steve McKnight
I just hated working in accounting.
Steve McKnight
Financial independence is not just a dream that only a select few can achieve. It’s a matter of making a series of choices that are consistent with moving you closer to your goal.
Steve McKnight
It takes less effort to spend than it does to earn.
Steve McKnight
The rat race is a trap for people who spend first and then have to work to pay for yesterday’s extravagances with tomorrow’s earnings.
Steve McKnight
You must be willing to give something up to create room for a new opportunity.
Steve McKnight
People with money problems don’t earn too little, they spend too much.
Steve McKnight
Invest in property to earn cashflow returns first and capital gains second.
Steve McKnight
Just because you can’t find positive cashflow properties in the area where you live doesn’t mean they don’t exist.
Steve McKnight
Don’t be afraid of regional areas – good tenants live everywhere.
Steve McKnight
The world of property investing is full of surprises. Enjoy the experience.
Steve McKnight
Avoid properties that suck your cashflow…
Steve McKnight
If all your investments earned a profit, then you’d have no option but to make money!
Steve McKnight
Capital gains are never guaranteed…
Steve McKnight
I don’t invest for a long-term capital gain – I can’t use it to pay for my day-to-day needs… Regular cashflow income is what I require.
Steve McKnight
If you have more money at the end of the day than you did at the beginning, then it’s been a good day.
Steve McKnight
Each year, thousands of investors buy property in the hope that it will further their wealth creation plans, only to later discover that the assumptions on which they bought, such as expected capital gains and rental potential, were based on a best-case scenario – which is rarely achieved. Instead of getting out of the rat race, such investors often find themselves working harder than ever just to make ends meet.
Steve McKnight
Negative gearing is like a knife – used at the right time, it has tremendous benefits. However, when used incorrectly it has the potential to cause great harm.
Steve McKnight
Is your success a matter of choice or a matter of chance?
Steve McKnight
Wealth creation is about expanding your empire, not watching it diminish in ever decreasing circles.
Steve McKnight
No investment is ever foolproof, so avoid being a fool.
Steve McKnight
If your aim is to stop working as soon as possible or to free up more time to do the things you love, then negative gearing is not a wealth building strategy you should implement.
Steve McKnight
What the mind can realistically see, the body can achieve.
Steve McKnight
The teacher comes when the student is ready.
Steve McKnight
Negatively geared real estate investors are out of the money for twice a long as they are in the money.
Steve McKnight
The biggest difference between average and sophisticated investors is the ability to confidently sell a property.
Steve McKnight
Unrealised capital gains buy less than cash in the bank.
Steve McKnight
Unrealised profits are not etched in stone.
Steve McKnight
Familiarity is the breeding ground of comfort zones.
Steve McKnight
The more you do of what you’ve done, the more you’ll get of what you’ve got.
Steve McKnight
Fear is an emotion. It’s irrational.
Steve McKnight
There will always be reasons for not investing… The truth is that if you’re waiting for a better time to make a start, then you may be waiting a long time.
Steve McKnight
It will never be easier to try something different than it is right now! Life only becomes more complicated.
Steve McKnight
Passion begins when a maybe becomes a must.
Steve McKnight
Good intentions alone won’t translate into action.
Steve McKnight
Financial independence is more of a milestone than a ticket to unending happiness.
Steve McKnight
Spending less than you earn is the cornerstone of all wealth creation.
Steve McKnight
Rarely in hindsight is the cost of achieving a significant goal deemed too great – it is only viewed that way at the start when the outcome is at its most uncertain.
Steve McKnight
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